Pharmaceuticals Sector - Solvay

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Towards sustainable and profi table growth 48 The Group has set an objective of positioning itself as an active partner in achieving more sustainable global development, in both its chemical and its pharmaceutical activities. To meet this challenge, we are working to integrate our activities into the far-reaching changes our societies need to make. In particular we are strengthening synergies with our various stakeholders, that is, our customers, employees, shareholders, public authorities and society in general. Solvay Global Annual Report 2005
Sustainable Development 2005 saw the Solvay group multiply its very diverse partnerships around 65 Group projects described in the report entitled “Towards Sustainable Development, 2004-2008.” Signifi cant developments in 2005 To increase its responsiveness to the demands of its different markets and of the outside world in general, Solvay continued to integrate sustainability into the development of its products, and to strengthen its relations with the stakeholders involved in managing their life cycles. The production of complete, well-structured international dossiers on the intrinsic hazards and risks associated with the use of our products was another major area of activity. We have continued to generalize the application of health, safety and environment management systems at our various sites to ensure that laws and regulations are complied with at all times. We have also developed innovative ways of minimizing our own and third-party waste. Dialogue with society: social responsibility and listening – Dialogue with representatives of society in general (site neighbours, scientists, politicians, sociologists, nongovernmental organizations (NGOs) and investors) has intensifi ed in the form of seminars, personal meetings, support for external initiatives, information, www.GreenFacts.org, educational initiatives, etc. – Solvay has joined the CSR Europe (Corporate Social Christine Tahon HSE Director Responsibility) association. We have expanded our dialogue with agencies that rank companies’ social achievements, in particular in order to defi ne our commitments in those fi elds in which it is hardest to set precise objectives. Solvay has also begun updating its Code of Ethics. – The international seminar held to mark the 10 th anniversary of the European Works Council examined issues involved in Sustainable Development. This Committee, with 23 representatives from the European countries in which Solvay is active, is a strategic partner of the Group in this effort. A permanent “Health, Safety and Environment” forum is part of the European Works Committee. Sustainable Development 49 Solvay Global Annual Report 2005
Page 1 and 2: Driven by the future Growth, Compet
Page 3 and 4: Highlights January 2005 Solvay fi n
Page 5 and 6: Activities Group sales 2005 = EUR 8
Page 7 and 8: Our Vision - Independent industrial
Page 9 and 10: here to stay, in our view irreversi
Page 11 and 12: Board of Directors and Corporate Go
Page 13 and 14: 4 Executive Committee and General M
Page 15 and 16: Such a strategy is possible only wi
Page 17 and 18: Specialities Solvay Specialties fro
Page 19 and 20: Key fi gures [EUR million] Pharmace
Page 21 and 22: Cardiometabolic Cardiovascular dise
Page 23 and 24: Cardiometabolics Fenofi brate, TRIC
Page 25 and 26: “ DUODOPA® entered Solvay’s pr
Page 27 and 28: Pharmaceuticals Sector Therapeutic
Page 29 and 30: Key fi gures [EUR million] Chemical
Page 31 and 32: Growth To speed up its growth, the
Page 33 and 34: Initiatives have also been launched
Page 35 and 36: “ The ‘Soil Remediation Reagent
Page 37 and 38: Key fi gures [EUR million] Plastics
Page 39 and 40: Innovation “Twin-Sheet Blow Mould
Page 41 and 42: Plastics 37 Solvay Global Annual Re
Page 43 and 44: which it was able to take advantage
Page 45 and 46: New Business Development Priority t
Page 47 and 48: Meeting The Science Days organized
Page 49 and 50: Human Resources The Group’s fi ve
Page 51: “ At the end of this seminar, all
Page 55 and 56: Accident frequency rate Persons wor
Page 57 and 58: Management Report New records for S
Page 59 and 60: Expenditure on the future by Sector
Page 61 and 62: Financial Statements The following
Page 63 and 64: Consolidated balance sheet EUR mill
Page 65 and 66: IFRS valuation rules The main accou
Page 67 and 68: 9. Impairment Every year the Group
Page 69 and 70: Notes to the fi nancial statements
Page 71 and 72: (2) Financial data by region These
Page 73 and 74: and the estimated fi nancial conseq
Page 75 and 76: The deferred taxes recorded in the
Page 77 and 78: 2005 Millions EUR Acquisitions Disp
Page 79 and 80: Neopharma On January 19, 2005 the S
Page 81 and 82: (around 300 persons) with a view to
Page 83 and 84: In 2005 the impairment tests on goo
Page 85 and 86: Solvay Group purchased 100% of the
Page 87 and 88: Post-employment benefi t plans are
Page 89 and 90: Actuarial assumptions used in deter
Page 91 and 92: Analysis of total fi nancial debt b
Page 93 and 94: In this way, at the end of 2005, th
Page 95 and 96: The following amounts relating to J
Page 97 and 98: PORTUGAL Fournier Farmaceutica Port
Page 99 and 100: List of fully consolidated Group co
Page 101 and 102: Solvay Salz Holding GmbH, Hannover
Page 103 and 104:
CANADA Fournier Pharma, Inc., Montr
Page 105 and 106:
GREAT BRITAIN Inergy Automotive Sys
Page 107 and 108:
Summary fi nancial statements of So
Page 109 and 110:
Statutory auditor’s report to the
Page 111 and 112:
The Solvay share compared with the
Page 113 and 114:
Contacts: The Investor Relations Te
Page 115 and 116:
Shareholders’ Diary - May 9, 2006
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Pharmaceuticals Sector - Solvay

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